Skip to content

Coinigy vs. Interactive Brokers – A Detailed Comparison

Discover our detailed comparison of Coinigy and Interactive Brokers to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience. 

To make your research easier, we manually found key data for Coinigy and Interactive Brokers across the internet and compiled it all in this article. 

Overview of Coinigy

Coinigy is a comprehensive platform for managing and tracking your digital wallets across multiple exchanges like Binance, Coinbase, and Kucoin. It allows users to trade hundreds of currencies from a single account, accessible via iOS and Android apps, ensuring you never miss a trading opportunity. With 24/7 exchange and wallet portfolio monitoring, Coinigy offers peace of mind with superior uptime and robust security. The platform also provides over 75 technical indicators, real-time data, and alerts to enhance your trading experience. Start with a 7-day free trial to explore all its features.

Overview of Interactive Brokers

Interactive Brokers (IBKR) is a well-established brokerage firm founded in 1978, known for providing advanced trading and investing services to a diverse clientele, including individual investors, institutions, and professional traders. IBKR offers competitive pricing for options and futures, but lacks when it comes to charting and ease of use.

Key Characteristics of Coinigy and Interactive Brokers

FeatureCoinigyInteractive Brokers
Platform TypeCrypto Charting and Trading SoftwareBrokerage Platform
Tradeable AssetsDepends on connected exchangeStocks, ETFs, Mutual Funds, Options, Futures, Futures Options, Crypto, Bonds
Charting FeaturesWeb platform and mobile appDownloadable desktop platforms, web platform, mobile app
DataMust buy real-time data
Premium Pricing$18-$100 per monthNo premium features

Who is Coinigy Best For?

Coinigy is best suited for cryptocurrency traders who want to manage and trade digital assets across multiple exchanges from a single, unified platform. It’s ideal for those who value advanced trading charts and tools, offering over 75 technical indicators and real-time data for comprehensive market analysis. Coinigy’s platform supports major exchanges like Binance, Coinbase, and Kucoin, allowing seamless trading from one account. While Coinigy provides robust charting capabilities, users can also opt for a free TradingView account, which offers nearly real-time data and is a great alternative for charting needs.

Who is Interactive Brokers Best For?

Interactive Brokers is best for advanced traders who prefer to automate their trading strategies. IBKR is far from beginner-friendly, as the platforms are advanced and require some technical knowledge to utilize effectively. If you are looking for a modern, easy-to-use investing platform, IBKR is not your best option.

Trading Features and Tools

FeatureCoinigyInteractive Brokers
DRIPNot an exchangeYes, but with fees
Margin TradingNot an exchangeYes
InsuranceNot an exchangeSIPC Insured
Mobile AppYesYes

Trading Costs and Commissions Compared

Fee TypeCoinigyInteractive Brokers
Equity CommissionCrypto onlyFree
Option CommissionDepends on connected exchange$0.65 per contract
Futures CommissionDepends on connected exchange$0.85 per contract, $0.25 micro
Futures Options CommissionDepends on connected exchange$0.85 per contract, $0.25 micro
Option Exercise FeeNot an exchangeNone

Coinigy vs Interactive Brokers – Bottom Line

Choosing between Coinigy and Interactive Brokers depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in. 

Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.

For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.

What is the Overall Best Charting Software?

I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:

  • All of TradingView’s key features are free to use
  • TradingView provides real-time data for free whenever possible
  • You are not tied to a single broker and can use whichever you want while charting on TradingView
  • You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
  • TradingView has an excellent economic calendar and various screeners

If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more. 

Related Trading Platform Comparisons


Barchart vs Robinhood

Finviz vs MT4

ETrade vs Ninjatrader

Barchart vs Fidelity

Robinhood vs StockCharts

Recent Posts

tradingview logo

Join over 50 million traders who trust TradingView!

Technical Analysis
tradingview logo

Join over 50 million traders who trust TradingView!

×

Get Our Stocks & Options 101 eBook for FREE!

Learn How To:
– Craft a stock portfolio
– Leverage options trading
– Build financial freedom